It has become a disconcerting trend that as geopolitical events intensify and keep a majority of people engaged in the latest outbreak of political theatre, the words of central bankers fall on increasingly deaf ears.
Is a major seismic event headed our way?
There is no way to know for sure, but science warns that hotspots like the San Andreas fault in Southern California are “overdue” for the big one, which frequently occurs every hundred years or so. If the earth doesn’t release enough steam from time to time, larger pressures can build up, creating event more catastrophic disasters. Continue reading
Yesterday, Deutsche Bank AG‘s (NYSE: DB) co-CEO John Cryan released a surprise memo saying its balance sheet “remains absolutely rock-solid.” His assertion comes amid fears that the investment bank is unstable (an understatement) – which could be emblematic of a broader European bank fueled stock market crash.
Releasing a forced statement to the worrying public is something Lehman Brothers did just before it collapsed in 2008. The now-defunct corporate banking giant assured investors that it had enough liquidity to weather the financial crisis in 2008.
Foreign ministry spokeswoman Hua Chunying said China had long made clear its position on the South China Sea.
“We hope the United States can look upon the current situation of the South China Sea from an objective and fair perspective and play a constructive role together with China in keeping the peace and stability in the South China Sea,” Hua said.
China has warned Philippine military planes six times to leave disputed areas of the South China Sea and may be “testing the waters” to see if it can establish a no-fly zone in the region, senior Philippine military officials said.
“As we were conducting routine maritime air patrols and flying in international airspace, our air force aircraft were challenged over the radio,” Vice Admiral Alexander Lopez told a Senate hearing in Manila on Thursday.
While Lopez did not provide a timeframe, another senior Philippine air force official who asked to not be identified told Reuters that the six warnings had come in the past three months. Continue reading
“Before this week is up, we’ll be deploying a battalion… to the Ukraine to train Ukrainian forces for the fight that’s taking place,” stated US 173rd Airborne Brigade Commander Colonel Michael Foster said at the Center for Strategic and International Studies in Washington, DC on Monday. Despite earlier warnings from Russia (and claims that NATO had not agreed to any such foreign ‘boots on the ground’ action’), Sputnik News reports, Foster added, “what we’ve got laid out is six United States companies that will be training six Ukrainian companies throughout the summer.”
This comes a week after PM David Cameron confirmed Britain will be sending 75 military personnel to help combat Russian military aggression. Continue reading
Should this be confirmed, be ready to possibly hear that all hell is breaking loose in the middle east (and possibly on the homeland) as described in a previous post — and soon.
Unconfirmed first reports from British, French and Turkish sources say British special operations forces crossed from Turkey into northern Syria Tuesday, May 26, and advanced up to 10 kilometers inside the country. The same sources report heavy fighting around the Presidential Guards compound on the outskirts of Damascus.
debkafile’s military sources note that this compound exists to defend Bashar Assad’s presidential palace on Mount Qaisoun overlooking Damascus.
British and Gulf TV stations are again running interviews with dozens of Syrian soldiers taken prisoner by rebel forces and transferred to Free Syrian Army centers in South Turkey. But this time, they are being aired in conjunction with those two developments, indicating pivotal and coordinated military action inside the embattled country, or even the start of western intervention against the Assad regime. Later Tuesday, Gulf military sources confirmed the presence of British special forces in Syria.
Our military sources estimate that the British military drive into Syria, if confirmed, is designed to establish the first safe zone along the Syrian-Turkish border, to be followed by more Western military incursions to establish additional zones of safe asylum in other parts of Syria.
This follow-up action would depend substantially on Syrian, Russian and Iranian (+ Hizballah) responses to the initial stage of the operation.
The reported British incursion, if confirmed, occurred at the tail end of Russian President Vladimir Putin’s 24-hour visit to Israel Tuesday morning and would have posed a direct challenge to his repeated warning that Moscow would not tolerate Western military intervention in Syria and actively prevent it. Similar warnings have issued from Tehran.
As for the timing, the double military drive against Assad also occurred hours before a NATO “consultation” in Brussels on the shooting down of a Turkish warplane by Syria last Friday, June 22, which Ankara stated Monday “must not go unpunished.”
The two-pronged operation – the reported British incursion and major clash at the front door of Assad’s presidential palace – would appear to be designed to widen the cracks in his regime and speed its final breakup.
Full article: British forces in Syria, Assad presidential compound said under attack (DEBKAfile)
Newly declassified documents from Operation SOLO, an FBI program to infiltrate the Communist Party of the United States, reveal that a journal called Freedomways, which was influential in the black community for decades, was subsidized by the Soviet and Chinese Communist Parties.
Freedomways has been called “one of the most influential African-American literary and political journals of the 1960s and 1970s.” It began in 1961 and ceased publication in 1986.
During the 25 years it served as a propaganda organ for the CPUSA and Soviet front organizations such as the World Peace Council, Freedomways published articles by such figures as:
- Derrick Bell, one of Barack Obama’s academic mentors and a Harvard professor;
- Martin Luther King, Jr., the slain civil rights leader who turned against the Vietnam War and has been honored with a national memorial in Washington, D.C.;
- John Lewis, a Democratic member of Congress from Georgia and critic of the conservative Tea Party movement; and
- Jesse Jackson, a former aide to King and Democratic candidate for president who has recently been stirring up racial resentment over the killing of black teenager Trayvon Martin.
Freedomways grew out of a Soviet campaign, launched after the Russian revolution, to exploit the “Negro question” in the U.S. and manipulate blacks and members of other minority groups for Communist purposes. The goal was a “Soviet America.”
In 1981, a communist-inspired Black Liberation Army, with the help of the Weather Underground, waged a campaign of terrorism and murder that resulted in the deaths of two police officers and a Brinks guard.
The SOLO documents demonstrate that the Soviet Union illegally provided funding, reportedly more than $28 million, to the CPUSA. The documents are based on FBI informants, Morris and Jack Childs, who had infiltrated the highest levels of the CPUSA and had participated in meetings with foreign communist parties.
President Ronald Reagan awarded Morris Childs (and posthumously, Jack) with the Presidential Medal of Freedom for their work for the U.S.
Freedomways was so extreme that it ran a notice hailing Angela Davis as a “courageous Black woman leader” when she went on trial for murder. Davis, who beat the murder rap, became a prominent CPUSA official and college professor at the University of California at Santa Cruz. She later started an anti-prison project, Critical Resistance, funded by the Open Society Institute of billionaire George Soros.
Despite his reputation as a moderate, Martin Luther King, Jr. paid tribute to W.E.B. Du Bois, who himself joined the CPUSA in 1961, at an event sponsored by Freedomways in New York City.
One of King’s closest advisers was Freedomways editor J.H. O’Dell, also known as Hunter Pitts O’Dell, a secret member of the CPUSA who would later join Jesse Jackson’s Operation PUSH. Another King adviser was New York attorney Stanley Levison, who had been involved in Communist Party financial affairs and was helping to arrange funding of the party by Moscow. He had recommended O’Dell to King.
The Kennedy brothers, President John F. Kennedy and Attorney General Robert F. Kennedy, had warned Martin Luther King, Jr. against associating with communists. He ignored their warnings.
Jesse Jackson, one of King’s aides and considered by some to be King’s successor as the nation’s premier civil rights activist, was hailed by Freedomways as a “nationally known Freedom Fighter” when it ran his 1972 article on “Three Challenges to Organized Labor.”
Rep. Lewis, regarded by many as a civil rights icon like Martin Luther King, Jr., wrote a 1965 Freedomways article, “Paul Robeson: Inspirer of Youth,” about the famous actor and singer who had been a member of the CPUSA and admirer of Soviet dictator Joseph Stalin.
“He [Robeson] talked and listened to the representatives of the Communist Party,” wrote Lewis, then national chairman of the Student Non-Violent Coordinating Committee (SNCC). “In many ways,” he wrote, “we of SNCC are Paul Robeson’s spiritual children.”
In fact, former CPUSA official Manning Johnson testified in 1949 that that he saw Robeson “a number of times in the headquarters” of the CPUSA and that Robeson was, in fact, a party member. Johnson said Robeson wanted to be “the Black Stalin among Negroes.”
“Paul’s assignment was to work among the intellectuals, the professionals, and artists that the party was seeking to penetrate and influence along Communist lines,” Johnson testified.
Rep. Lewis become famous in his own right, since his days with SNCC, when he and his Congressional Black Caucus colleagues claimed in 2010 the N-word was “shouted” at him by Tea Party members, when no camera recorded anything of the sort. Andrew Breitbart had promised $100,000 to anyone who could prove the epithets had been used.
For many years, black groups such as the NAACP were bitter foes of the CPUSA, knowing that its politics were divisive and not designed to foster racial harmony. NAACP official Herbert Hill wrote a famous article, “The Communist Party — Enemy of Negro Equality.”
When Communist Party member Frank Marshall Davis tried to stage a takeover of the Hawaii NAACP in 1949, the organization fought back, saying it did not want “unity” with the communists. Davis, who had moved from Chicago to Hawaii at the suggestion of Paul Robeson, was Barack Obama’s mentor for eight years in Hawaii before Obama went off to college.
In 1949, Jackie Robinson, the first black player in baseball, testified before the House Committee on Un-American Activities in opposition to communist manipulation of blacks. He said Robeson’s statement about blacks loving the Soviet Union was “silly” and added, “We can win our fight without the Communists and we don’t want their help.”
But Freedomways, the communists and their fellow-travelers continued to make inroads in the black community.
Other writers for Freedomways included:
- Entertainer Harry Belafonte, a fundraiser for Elizabeth Warren in her Massachusetts Senate race;
- Julian Bond, former chairman of the NAACP and current member of the board of the Southern Poverty Law Center;
- Howard Zinn, the leftist “historian” and CPUSA member;
- Rep. John Conyers; and
- Then-Rep. Ronald V. Dellums, described by the publication as being “in the forefront of the New Breed of young Congressmen who are a clear voice for the kind of basic social changes the United States needs.”
The FBI says that Operation SOLO was launched because “America’s growing realization of the penetration of the U.S. government by the Soviets and the subsequent political debate over the role of communism in society became the focus of the day.”It would appear that some of the documents, viewed in light of current events, demonstrate a lasting impact by the Communists on many black leaders, including Obama himself.
Full article: A Soviet front that exploited the black-white divide and the U.S. ‘leaders’ it published (World Tribune)